Ardagh to press ahead with glass making factory

Date: 26 March 2012
Source: www.irishtimes.com

Date: 26 March 2012

Packaging group Ardagh is to go ahead with plans to build a low-cost glass manufacturing plant in the Republic after advances to the owners of the Quinn group’s glass operations were rebuffed, the company told analysts yesterday.

Chairman, Paul Coulson, chief executive Niall Wall and chief financial officer John Riordain said that they had expressed interest in buying the Irish-based glass container manufacturing business of the Quinn group, now controlled by its banks and bondholders.

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